Description
Moniepoint Microfinance Bank Limited is authorised and regulated by the Central Bank of Nigeria to offer banking services. Deposits are insured by the Nigerian Deposit Insurance Corporation (NDIC).
Founded: June 2015
Founders: Tosin Eniolorunda, Felix Ike
Headquarters: Lagos, Nigeria
Who we are
Moniepoint Microfinance Bank is the definitive bank for small and medium-sized businesses in Nigeria and is regulated by the Central Bank of Nigeria (CBN). Moniepoint MFB was also awarded by the CBN in 2022 as the most inclusive payment platform in the country.
Moniepoint MFB received its license in February 2022 and helps over 10 million people and businesses with banking, payments processing, access to loans and business management tools. With these solutions, businesses on the moniepoint platform process about $17 billion monthly
Moniepoint MFB operates the largest distribution network for financial services in Nigeria, and over 33 million people use their cards on our POS terminals monthly across every local government in Nigeria.
Moniepoint provides over 10 million people and businesses across Nigeria with access to banking, payments processing, loans and business management tools.
